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2025-03-31-accounts

St. Oliver Plunkett YC

Unaudited Accounts

for the year ended 31 March 2025

St. Oliver Plunkett YC

Unaudited Accounts

Year ended 31 March 2025

CONTENTS PAGE
Proprietor and Professional Advisers 1
Proprietor’s Approval Statement 2
Accountant’s Report 3
Proft and Loss Account 4
Balance Sheet 5
Notes to the Accounts 6 - 10

St. Oliver Plunkett YC

Proprietor and Professional Advisers

Year ended 31 March 2025

Proprietor

Peter Byrne, Karena McGahan, Eamon Devlin

Business name Business address

St. Oliver Plunkett YC Culloville Road Crossmaglen Newry Down BT35 9AQ United Kingdom

Accountant

Carville Consultancy 21 North Street Crossmaglen Newry Down BT35 9AB United Kingdom

1

St. Oliver Plunkett YC

Proprietor’s Approval Statement Year ended 31 March 2025

The Trustee’s Report will be provided separately.

Peter Byrne, Karena McGahan, Eamon Devlin

Date: 28 August 2025

2

St. Oliver Plunkett YC

Report to the proprietor on the preparation of the unaudited accounts of St. Oliver Plunkett YC

Year ended 31 March 2025

The Independent Examiners Report will be provided separately.

Carville Consultancy

21 North Street Crossmaglen Newry Down BT35 9AB United Kingdom

Date: 28 August 2025

3

St. Oliver Plunkett YC

Year ended 31 March 2025

Note
Turnover
2
Cost of sales
2
Gross proft
Finance income
2
Expenditure
2
Premises costs
Staff costs
Offce costs
Marketing
Legal and professional
Repairs and maintenance
Depreciation
General expenses
Finance charges
Loss for the year
2025
£
168,096
33,638
2024
£
106,809
24,235
134,458
-
5,568
93,634
3,266
250
954
23,375
1,755
7,490
96
82,574
49
13,103
70,537
4,365
130
1,200
732
1,755
2,779
138
136,388 94,739
(1,930) (12,116)

4

St. Oliver Plunkett YC

Balance Sheet

31 March 2025

Note
Fixed assets
Tangible assets
3
Current assets
Cash at bank
Current liabilities
4
Net current assets
Net assets
Financed by:
Capital account
5
2025
£
154,678
40,256
-
2024
£
156,432
41,632
(1,200)
40,256 40,432
194,934 196,864
194,934 196,864

5

St. Oliver Plunkett YC

Notes to the Accounts

Year ended 31 March 2025

1 Accounting policies

BASIS OF PREPARATION

The accounts have been prepared under the historical cost basis and on a basis which enables the profits to be calculated in accordance with United Kingdom Generally Accepted Accounting Practice.

TURNOVER

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

TANGIBLE ASSETS

Tangible assets are measured at cost less accumulated depreciation. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and fittings 20% straight line Land and buildings Not Currently Depreciated

2 Profit and loss account analysis

TURNOVER

Grants and Donations
Activities to Generate Funds
2025
£
137,844
30,252
2024
£
81,138
25,671
168,096 106,809

COST OF SALES

Purchases 2025
2024
£
£
33,638
24,235
2025
2024
£
£
33,638
24,235
24,235

6

St. Oliver Plunkett YC

Notes to the Accounts (continued)

Year ended 31 March 2025

FINANCE INCOME

Bank interest receivable
EXPENDITURE
Premises costs
Rates
Light, heating and power
Staff costs
Wages and salaries
Offce costs
Printing, postage and stationery
Telephone
Computer costs
2025
£
-
2024
£
49
2025
£
610
4,958
2024
£
579
12,524
5,568 13,103
2025
£
93,634
2024
£
70,537
2025
£
518
1,521
1,227
2024
£
1,097
3,268
-
3,266 4,365

7

St. Oliver Plunkett YC

Notes to the Accounts (continued)

Year ended 31 March 2025

Marketing
Marketing
Legal and professional
Accountancy fees
Repairs and maintenance
Repairs and maintenance
Depreciation
Depreciation
General expenses
General insurance
Subscriptions
Sundry expenses
2025
£
250
2024
£
130
2025
£
954
2024
£
1,200
2025
£
23,375
2024
£
732
2025
£
1,755
2024
£
1,755
2025
£
1,903
1,656
3,931
2024
£
-
738
2,041
7,490 2,779

8

St. Oliver Plunkett YC

Notes to the Accounts (continued)

Year ended 31 March 2025

Finance charges
Bank charges
3 Tangible assets
Cost
At 1 April 2024 and 31 March 2025
Depreciation
At 1 April 2024
Charge
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Land and
buildings
£
150,000
2025
£
96
2024
£
138


Fixtures and
fttings

£
11,697


Total

£
161,697
-
-
5,265
1,754
5,265
1,754
- 7,019 7,019
150,000 4,678 154,678
150,000 6,432 156,432

3 Tangible assets

4 Current liabilities

Accruals and deferred income 2025
2024
£
£
-
1,200
2025
2024
£
£
-
1,200
1,200

9

St. Oliver Plunkett YC

Notes to the Accounts (continued)

Year ended 31 March 2025

5 Capital account

At 1 April 2024
Net loss for the year
At 31 March 2025
2025
£
196,864
(1,930)
2024
£
208,980
(12,116)
194,934 196,864

10